HR Labor Compliance

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Are You In Compliance with Department Of Labor Required Filings? 

If your company sponsors a group health plan, you are required every year to inform the Participants and their Beneficiaries of their rights and obligations. This is done through a Summary Plan Description (SPD). No other documents are acceptable. Due to the changes in healthcare and other markets, the Department of Labor is targeting businesses of ALL sizes for audit, to ensure compliance.

FILINGS ARE REQUIRED FOR THE PLANS LISTED BELOW*

 

Group Health Plans (fully insured, self-funded or HMO)

Health Reimbursement Arrangements (HRA’s) Medical

 Flexible Spending Accounts

 

Dental Plans

 

 

Vision Plans

 

 

Prescription Drug Plans

 

 

Disability (if insured)

 

 

Group Term Life

 

EAP Plans

(if providing counseling)

Executive Medical Reimbursement Plans  

Wellness Plans that offer Preventative Care

 

 

AD&D Plans

 

*not a comprehensive list

A PROPERLY PREPARED SPD WRAP DOCUMENT ENSURES COMPLIANCE

AS A CLIENT OF ASSOCIATION INSURANCE SERVICES, INC. YOU HAVE PREFERRED PRICING ON PREPARATION OF SPD WRAP DOCUMENTS.    

Our global business services partner, HR Workplace Services (HRWS) will prepare all necessary documentation to meet these requirements.

Give AIS, Inc. a call today for any questions or concerns you may have about health care and your benefits. To receive information on how to obtain an original customized solution contact us today (800) 523-8351.